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Outside The Box #6 - Outstanding Arsenal and Hamilton the History-Maker Duke Box
Premier Inn is recovering quicker than expected from the pandemic, its owner said.
Whitbread told shareholders that while there are still uncertainties in its UK business, it expects revenue per available room to have return to pre-pandemic levels at some point in 2022.
Revenue in the six months to the end of August was 39% lower than the same period two years earlier, but has more than doubled since last year.
Pre-tax loss narrowed from £724.7 million last year to £19.3 million, but is still far below the £219.9 million profit made before the pandemic.
Published: by Radio NewsHub
They plan to open Ikea Oxford Street in autumn 2023 Ikea is buying the former Topshop flagship store on London’s Oxford Street for £378 million. The deal is a much-needed vote of confidence for central London, which has seen tourist footfall decimated by the pandemic. Since 2019 Ikea has opened shops in major cities such as Tokyo, Madrid, Moscow, Paris and New York to grow its presence on busy high […]
